Performance Trust Capital Partners
is excited to announce the launch of a new Collateralized Loan Obligation (CLO)
trading desk with the addition of members from the Cross Point Capital team led
by Jared Gogek and Alex Navin. The group
will expand Performance Trust's presence in credit products by adding in-house expertise
in CLOs.
"We feel incredibly
fortunate to lift out the collective expertise from Cross Point Capital which
will be immediately additive to our platform.
This strategic expansion will fit perfectly with our existing success in
credit products. It's a big win for our clients."
said Eric P. Brown, President of the Institutional Group at Performance Trust.
"We are honored to join Performance Trust Capital
Partners, a Firm with an incredible culture built around delivering
differentiated service and execution to clients," said Jared Gogek.
"Performance
Trust's client-first ethos made the Firm a natural fit for our team. This
combination will bring immediate scale to the CLO trading business, and we are
eager to expand the array of asset classes clients can access at the Firm,"
said Alex Navin.
For nearly 30 years, Performance Trust has partnered with financial
institutions to improve their long-term performance through a unique and customized
approach. The Institutional Group at Performance Trust is a leading partner for
banks, insurance companies, hedge funds, and asset managers that provides
superior product expertise and exceptional execution.